The customized order 2024 Rivian R1S and R1T costs stay unchanged, however automobiles from present stock are a unique story, undoubtedly value checking.
In response to Drive Tesla Canada, Rivian utilized substantial worth cuts to its 2023 and 2024 mannequin yr R1S and R1T in present stock within the U.S. and Canada.
The difficult market requires promotions
Thus far, Rivian was constantly rising its EV manufacturing and deliveries (year-over-year). Nevertheless, the corporate set a steering for the annual manufacturing of 57,000 in 2024, which might be the identical because the end result achieved in 2023.
The report says that the rebates concern non-obligatory powertrain and battery packs. Within the case of the R1S three-row SUV, the seen cuts within the U.S. embody:
- Giant Pack battery: $7,100 (down $2,000 from $9,100)
- Max Pack battery: $15,100 (down $4,000 from $19,100)
- Quad-Motor AWD powertrain: $6,000 (down $2,000 from $8,000)
Equally, R1T pickup additionally bought worth cuts:
- Giant Pack battery (DM powetrain): $5,100 (down $4,000 from $9,100)
- Giant Pack battery (DM Perf. or QM powertrain): 3,100 (down $6,000 from $9,100)
- Efficiency Twin-Motor AWD powertrain: $0 (usually $5,000)
After all, consumers need to individually test the precise pricing within the present stock in a selected space, as availability is perhaps restricted, whereas rebates are dynamic.
Nonetheless, plainly Rivian intends to clear a few of its stock and increase its Q2 gross sales outcomes, because the 2024 yr is predicted to be flat sales-wise. In Q1, the corporate offered over 13,000 EVs (up 71% year-over-year however lower than within the earlier three quarters).
The Rivian R1S and R1T lineup now consists of a number of battery and powertrain choices (together with the brand new Customary/Customary+) and is eligible for a $3,750 federal tax credit score so long as it’s underneath the $80,000 worth cap.
| Mannequin | Base Value | Dest. Cost | Tax Credit score | Efficient Value |
| 2024 Rivian R1S DM AWD (Std) 21-in | $74,900 | +$1,800 | $3,750 | $72,950 |
| 2024 Rivian R1S DM AWD (Std) 22-in | $77,400 | +$1,800 | $3,750 | $75,450 |
| 2024 Rivian R1S DM AWD (Std+) AT 20-in | $81,600 | +$1,800 | N/A | $83,400 |
| 2024 Rivian R1S DM AWD (Std+) 21-in | $78,000 | +$1,800 | $3,750 | $76,050 |
| 2024 Rivian R1S DM AWD (Std+) 22-in | $80,500 | +$1,800 | N/A | $82,300 |
| 2024 Rivian R1S Perf. DM AWD (Std+) AT 20-in | $86,600 | +$1,800 | N/A | $88,400 |
| 2024 Rivian R1S Perf. DM AWD (Std+) 21-in | $83,000 | +$1,800 | N/A | $84,800 |
| 2024 Rivian R1S Perf. DM AWD (Std+) 22-in | $85,500 | +$1,800 | N/A | $87,300 |
| 2024 Rivian R1S DM AWD (Giant) AT 20-in | $87,600 | +$1,800 | N/A | $89,400 |
| 2024 Rivian R1S DM AWD (Giant) 21-in | $84,000 | +$1,800 | N/A | $85,800 |
| 2024 Rivian R1S DM AWD (Giant) 22-in | $86,500 | +$1,800 | N/A | $88,300 |
| 2024 Rivian R1S Perf. DM AWD (Giant) AT 20-in | $92,600 | +$1,800 | N/A | $94,400 |
| 2024 Rivian R1S Perf. DM AWD (Giant) 21-in | $89,000 | +$1,800 | N/A | $90,800 |
| 2024 Rivian R1S Perf. DM AWD (Giant) 22-in | $91,500 | +$1,800 | N/A | $93,300 |
| 2024 Rivian R1S DM AWD (Max) AT 20-in | $97,600 | +$1,800 | N/A | $99,400 |
| 2024 Rivian R1S DM AWD (Max) 21-in | $94,000 | +$1,800 | N/A | $95,800 |
| 2024 Rivian R1S DM AWD (Max) 22-in | $96,500 | +$1,800 | N/A | $98,300 |
| 2024 Rivian R1S Perf. DM AWD (Max) AT 20-in | $102,600 | +$1,800 | N/A | $104,400 |
| 2024 Rivian R1S Perf. DM AWD (Max) 21-in | $99,000 | +$1,800 | N/A | $100,800 |
| 2024 Rivian R1S Perf. DM AWD (Max) 22-in | $101,500 | +$1,800 | N/A | $103,300 |
| 2024 Rivian R1S QM AWD (Giant) AT 20-in | $95,600 | +$1,800 | N/A | $97,400 |
| 2024 Rivian R1S QM AWD (Giant) 21-in | $92,000 | +$1,800 | N/A | $93,800 |
| 2024 Rivian R1S QM AWD (Giant) 22-in | $94,500 | +$1,800 | N/A | $96,300 |
| 2024 Rivian R1T DM AWD (Std) 21-in | $69,900 | +$1,800 | $3,750 | $67,950 |
| 2024 Rivian R1T DM AWD (Std) 22-in | $72,400 | +$1,800 | $3,750 | $70,450 |
| 2024 Rivian R1T DM AWD (Std+) AT 20-in | $76,850 | +$1,800 | $3,750 | $74,900 |
| 2024 Rivian R1T DM AWD (Std+) 21-in | $73,000 | +$1,800 | $3,750 | $71,050 |
| 2024 Rivian R1T DM AWD (Std+) 22-in | $75,500 | +$1,800 | $3,750 | $73,550 |
| 2024 Rivian R1T Perf. DM AWD (Std+) AT 20-in | $81,850 | +$1,800 | N/A | $83,650 |
| 2024 Rivian R1T Perf. DM AWD (Std+) 21-in | $78,000 | +$1,800 | $3,750 | $76,050 |
| 2024 Rivian R1T Perf. DM AWD (Std+) 22-in | $80,500 | +$1,800 | N/A | $82,300 |
| 2024 Rivian R1T DM AWD (Giant) AT 20-in | $82,500 | +$1,800 | N/A | $84,300 |
| 2024 Rivian R1T DM AWD (Giant) 21-in | $79,000 | +$1,800 | $3,750 | $77,050 |
| 2024 Rivian R1T DM AWD (Giant) 22-in | $81,500 | +$1,800 | N/A | $83,300 |
| 2024 Rivian R1T Perf. DM AWD (Giant) AT 20-in | $87,850 | +$1,800 | N/A | $89,650 |
| 2024 Rivian R1T Perf. DM AWD (Giant) 21-in | $84,000 | +$1,800 | N/A | $85,800 |
| 2024 Rivian R1T Perf. DM AWD (Giant) 22-in | $86,500 | +$1,800 | N/A | $88,300 |
| 2024 Rivian R1T DM AWD (Max) AT 20-in | $92,850 | +$1,800 | N/A | $94,650 |
| 2024 Rivian R1T DM AWD (Max) 21-in | $89,000 | +$1,800 | N/A | $90,800 |
| 2024 Rivian R1T DM AWD (Max) 22-in | $91,500 | +$1,800 | N/A | $93,300 |
| 2024 Rivian R1T Perf. DM AWD (Max) AT 20-in | $97,850 | +$1,800 | N/A | $99,650 |
| 2024 Rivian R1T Perf. DM AWD (Max) 21-in | $94,000 | +$1,800 | N/A | $95,800 |
| 2024 Rivian R1T Perf. DM AWD (Max) 22-in | $96,500 | +$1,800 | N/A | $98,300 |
| 2024 Rivian R1T QM AWD (Giant) AT 20-in | $90,850 | +$1,800 | N/A | $92,650 |
| 2024 Rivian R1T QM AWD (Giant) 21-in | $87,000 | +$1,800 | N/A | $88,800 |
| 2024 Rivian R1T QM AWD (Giant) 22-in | $89,500 | +$1,800 | N/A | $91,300 |